According to one of the top management consultants of the past 40 years,the late Peter Drucker:
A)top executives are entitled to any level of pay they can negotiate with their board of directors.
B)the annual pay for top executives should include a small guaranteed salary and should include a very large bonus in years where the firm earns higher profits than competitors.
C)all bonuses paid to CEOs should be tied to long-run increases in market share.
D)CEOs should not earn much more than 20 times the earnings of the company's lowest-paid employee.

Question

Quizplus · Accepted Answer

According to Peter Drucker, CEOs should not earn much more than 20 times the earnings of the company's lowest-paid employee. This suggests that he believed in a more equitable distribution of compensation within a company and did not support excessive executive pay.

According to One of the Top Management Consultants of the Past